The EU gives the green light to the proposal of Spain and Portugal to limit the price of gas

05/09/2022

Act at 16:16

EST


The Portuguese Prime Minister, António Costa, announced that the European Commission gave green light this Monday to the Iberian proposal to put a maximum ceiling on the price of gas and that Portugal and Spain they are working to pass the legislation this Tuesday.

“This morning the European Commission gave the green light to the Portuguese and Spanish proposal to avoid contamination of the price of electricity due to the rise in gas. It is a far-reaching measure,” Costa told Portuguese journalists in Strasbourg, at the exit of the Conference on the Future of Europe. “We are currently coordinating with the Spanish government how we approve the respective legislation, and we will do everything to be able to do it tomorrow,” he added.

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